Summary: Stifel Nicolaus&Co., New Jersey (Series 2023-XG0490); Joint Criteria - S&P Global Ratings’ Credit Research

Summary: Stifel Nicolaus&Co., New Jersey (Series 2023-XG0490); Joint Criteria

Summary: Stifel Nicolaus&Co., New Jersey (Series 2023-XG0490); Joint Criteria - S&P Global Ratings’ Credit Research
Summary: Stifel Nicolaus&Co., New Jersey (Series 2023-XG0490); Joint Criteria
Published Jul 05, 2023
6 pages (2063 words) — Published Jul 05, 2023
Price US$ 225.00  |  Buy this Report Now

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Abstract:

July 5, 2023 2023-XG0490 State of Ohio Hospital Revenue Bonds (University Hospitals Health System Inc.), Series 2020B Barclays Bank PLC Stifel, Nicolaus&Company Inc. Barclays Capital Inc. Barclays Bank PLC Weekly S&P Global Ratings assigned the above-mentioned ratings to the custody, floater, and residual receipts (collectively the receipts), reflecting its opinion of the likelihood the trust, as custody receiptholder, will have sufficient assets to pay timely interest and full principal when due on the floater receipts. Trust assets include all distributions of principal, interest, and premiums, if any, from the custody receipts and liquidity facility, which is in place to support tender payments on floaters. The long-term rating on the custody receipts jointly reflects, assuming low correlation, the ratings

  
Brief Excerpt:

...S&P Global Ratings assigned the above-mentioned ratings to the custody, floater, and residual receipts (collectively the receipts), reflecting its opinion of the likelihood the trust, as custody receiptholder, will have sufficient assets to pay...

  
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MLA:
S&P Global Ratings’ Credit Research. "Summary: Stifel Nicolaus&Co., New Jersey (Series 2023-XG0490); Joint Criteria" Jul 05, 2023. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-New-Jersey-Series-2023-XG0490-Joint-Criteria-3016336>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: Stifel Nicolaus&Co., New Jersey (Series 2023-XG0490); Joint Criteria Jul 05, 2023. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-Stifel-Nicolaus-Co-New-Jersey-Series-2023-XG0490-Joint-Criteria-3016336>
  
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